CMB International: The market has fully reflected the expectation of a 25 basis point rate cut by the Federal Reserve this week

CMB International's research report pointed out that the market has fully reflected the expectation of a 25 basis point rate cut by the Federal Reserve this week. A U.S. court dismissed Trump's request to remove Federal Reserve Governor Cook, paving the way for his attendance at the meeting. U.S. Treasury yields fell, the U.S. dollar index declined, cryptocurrencies experienced widespread losses, gold reached a new high, and oil prices rose. The mainland stock market increased, with Hong Kong stocks in the consumer and energy sectors leading the gains, and southbound funds net bought HKD 14.473 billion. A-shares in power equipment, media, and agriculture saw the largest increases, and the renminbi strengthened slightly